News
Levene calls for US legal reform
Lloyd's chairman Lord Levene has stepped up his call for reform of the US legal system over asbestos...
Final FSA rulebook gets mixed reaction
The publication of the Financial Services Authority's final Conduct of Business Rules sourcebook has...
Merger of equals to benefit broker
The general insurance broking arm of independent financial adviser Berry Birch and Noble could be se...
Travel on the cards
Travel assistance provider FirstAssist is set to team up with Barclaycard to provide travel insuranc...
RAC seeks new head by April
RAC Financial Services is looking to appoint a new boss by the end of March, it told PM this week, a...
What the papers said this week
The Sunday Times Insurance companies may be forced to reduce annuity payments to pensioners in ...
Lochain Patrick agrees in principle to acquisition
Lloyd's broker Lochain Patrick Insurance Brokers has agreed in principle to acquire the specialist m...
Brit announces reorganisation plan
The Board of Brit Insurance Holdings today announced that it has initiated the process to effect a capital reorganisation.
Phillips to head up AA Insurance
Clare Salmon, recently appointed managing director of AA Financial Services, has promoted Neale Phillips to head up its broking arm, AA Insurance.
Elborne joins ERC
ERC has announced that Mark Elborne is joining the company as general counsel.
Hiscox wins City of London environmental award
Hiscox has scooped the top award in a scheme recognising City business's commitment to the local environment. The Clean City Awards are given as part of an annual scheme established by the Corporation of London. The awards judge the commitment of…
Property insurance premiums falling says study
Commercial insurance buyers say the cost of property insurance fell 8.8% in the fourth quarter of 2003 marking the first decline in premium prices in any major line of commercial insurance in nearly four years, according to the North American Risk and…
FSCS to appeal Lords over Indie decision
The Financial Services Compensation Scheme today announced plans to petition the House of Lords for leave to appeal the recent judgement by the Court of Appeal in the case of Geologistics.
Windsor pays £2.7m to settle dispute
Broker Windsor has announced the resolution of its dispute with the Kenya Ports Authority and Kenya Ferry Services, concerning business placed between 1994 — 1998.
New elections to Council of Lloyd's
Five appointments to the Council of Lloyd's, the ultimate governing body of the market, have been made following an election of members which closed at 1.00pm on Monday 19 January 2004.
Lloyd's broker grows marine hull book with acquisition
Lloyd's broker Lochain Patrick Insurance Brokers has agreed in principle to acquire the specialist marine insurance and reinsurance advisory and broking company, London Special Risks Limited, subject to Lloyd's approval.
Home and motor premium prices stable say AA
The average cost of comprehensive car and home insurance has risen slightly over the past quarter, according to the latest British Insurance Premium Index from the AA.
Mass hails "common sense" government decision
The chairman of the Motor Accidents Solicitors Society, today welcomed the Government's overturning of a ruling by the House of Lords regarding the gritting of icy roads.
FirstAssist wins Barclaycard travel account
Travel assistance provider FirstAssist is set to team up with Barclaycard to provide travel insurance, assistance and claims handling for Barclays Premier Card, an exclusive charge card managed by Barclaycard.
FSA publishes final sourcebook for intermediary regulation
The Financial Services Authority has watered down its rules regarding the regulation of the sale and administration of general insurance, as set out in its conduct of business rules today.
RSA continues disposals with £100m deal
Royal & Sun Alliance has agreed to sell its 37.1% shareholding in South African-based Mutual & Federal Insurance to the Old Mutual group, which is Mutual & Federal's majority shareholder.
FSA Final Conduct of Business Rules: download report
The Financial Services Authority has published the final conduct of business rules for the sale of general insurance. To download a PDF of the full document simply click here.
Biba responds to FSA final rules
CEO to press for "satisfactory resolution" to risk transfer issue
CEA opposes gender equality insurance
The Comité Européen des Assurances (CEA) has published its reasons for opposing gender equality in insurance.